PROJECTS

cannasos.com

New York gubernatorial candidate, Cynthia Nixon was gaining major traction with her clear support for cannabis legalization and decriminalization of its possession. But all of that was thrown into jeopardy on Monday when she implied that letting black people be the ones to invest in cannabis businesses within their own communities could be a part of reparations. She made the comments on a Forbes interview at the NYC Cannabis Parade.
"Now that cannabis is exploding as an industry, we have to m...

cannasos.com

California hasn’t finished it’s first year of decriminalising cannabis and it is already facing significant challenges. Turns out that recreational sales have not been as bountiful as everybody thought. This has been confirmed by the state’s cannabis tax revenues which came in far below expectations. The state expected to collect an additional $175 million in tax revenue from the cannabis industry under its new laws, but in the first three months it was only able to collect $33.6 million. If ...